Business
Cleveland-Cliffs boss dismisses idea of nationalizing Stelco as Ottawa pushes to preserve jobs
By Katherine Langford
Globe and Mail Business
GIC rates are rising. That could be a reason not to lock in for five years
Marcus Chen
Managing Editor · Wednesday, October 7, 2026 at 7:13 PM · 1 min read
Canadian savers finally have 4-per-cent GICs to choose from again. The highest five-year GIC rate has climbed to 4.50 per cent, while the best three-year GIC rate is 4.40 per cent and the best one-year rate is 4.00 per cent.
Advertisement
More Business stories
Business
Industry Minister Joly threatens action over Stelco job cuts
By Marcus Chen
Globe and Mail Business
Business
Options traders are betting on a dramatic drop in interest rates
By Katherine Langford
MarketWatch
Business
Fed’s minutes show no appetite for a series of interest-rate hikes
By Katherine Langford
MarketWatch